ERA

ERA

ERA franchises real estate brokerage offices that offer residential real estate brokerage services, commercial real estate services, and limited property management from specified locations using the ERA® brand marks and marketing system. The business model involves charging initial franchise fees (e.g., $25,000 for the first office) and ongoing royalties, providing franchisees with access to brand support, training, productivity resources, referrals, and marketing funded by contributions. The target market is real estate buyers, sellers, investors, and agents in residential and commercial sectors.

444
Locations
$33K–$260K
Investment
Since 1972
Franchising
Real EstateMadison, NJAnywhere Real Estate Inc.www.era.comDisclaimer

Franchise Costs


Franchise Fee
$25,000
Item 5 of FDD
Initial Investment Range
$33,370 $259,800
Low: $33,370High: $259,800
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
1.50%
Item 6 of FDD
Fixed Monthly Fees
$83 – $250
Item 6 of FDD

6% royalty + 1.5% BMF (Program A, tiered) or 2% (Program B, $476-$1881/mo/office) + $886/mo minimum royalty per office + $1,000-$3,000/yr software maintenance

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How ERA Compares


Key Insights

  • Top 10 largest franchise system in Real Estate Brokerage
FranchiseInvestmentFeeRoyaltyLocations
ERA
Current
$33K – $260K$25K6.0%444
Century 21 Real Estate LLC$35K – $279K$25K6.0%1,734
Century 21 Real Estate$35K – $279K$25K6.0%1,734
SOTHEBY'S INTERNATIONAL REALTY$46K – $325K$25K6.0%666
ERA$33K – $260K$25K6.0%444
REALTY ONE GROUP$47K – $228K$25K0.0%410
Real Estate Brokerage Average
20 franchises
$48K – $296K$26K5.4%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 20 Real Estate Brokerage franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1FL
55
2NY
53
3TX
21
4SC
20
5MA
20
6OH
19
7CA
18
8GA
16
9NC
15
10AL
14
11PA
14
12NJ
13
13IN
13
14MI
13
15MT
12

+31 more states

Franchisee Contacts


444 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

444 Contacts Available

Unlock all ERA franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases6

Primarily breach of contract, unpaid fees, trademark infringement, and termination disputes with former franchisees and guarantors, including counterclaims for breach and fraud; also includes resolved international master franchise termination and trademark disputes.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
41
Non-Renewals
0
Reacquired
0
Ceased Ops
41
Transfers
3
Sold to Franchisees
0
Projected New
0

Frequently Asked Questions


The total initial investment to open a ERA franchise ranges from $33,370 to $259,800. This includes a franchise fee of $25,000. Ongoing royalty fees are 6.0% of gross sales.

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Also includes FDDs for

RE/MAX
RE/MAX
CENTURY 21 REAL ESTATE
CENTURY 21 REAL ESTATE
Century 21 Real Estate LLC
Century 21 Real Estate LLC
HOMEVESTORS
HOMEVESTORS
KELLER WILLIAMS REALTY - REGIONAL REPRESENTATIVE
KELLER WILLIAMS REALTY - REGIONAL REPRESENTATIVE
+1,700 more